In this latest edition of the Housing Market Update June 2022, data shows that home prices and sales remain strong, but perhaps not quite as strong as in May or other previous months. All data comes from Columbus Realtors.

Note: LSD= Local School District, CSD= City School District. In both cases, school district boundaries differ from city boundaries.

Top 15 Most Expensive Locations By Median Sales Price in June 2022
1. New Albany: $912,500
2. New Albany Plain LSD: $795,000
3. Upper Arlington CSD: $650,000
4. Powell: $601,000
5. Dublin: $570,000
6. Olentangy LSD: $531,000
7. Granville LSD: $527,000
8. Grandview Heights: $525,000
9. Bexley: $498,425
10. Buckeye Valley LSD: $478,980
11. Hilliard: $465,500
12. Short North: $459,000
13. Dublin CSD: $455,000
14. Worthington: $$455,000
15. Big Walnut LSD: $432,500
16. German Village: $430,000
Whether due to the Intel project or other factors, New Albany’s median sales price continued its path toward a million dollars.

Top 15 Least Expensive Locations by Median Sales Price in June 2022
1. Newark CSD: $168,000
2. Whitehall: $178,500
3. Miami Trace LSD: $184,316
4. Lancaster CSD: $203,500
5. Circleville CSD: $230,000
6. Hamilton LSD: $231,500
7. Groveport Madison LSD: $249,450
8. Columbus CSD: $252,500
9. Jefferson LSD: $267,550
10. Minerva Park: $272,500
11. Columbus: $275,000
12. Reynoldsburg CSD: $280,000
13. South Western CSD: $280,000
14. London CSD: $290,000
15. Delaware CSD: $320,000
16. Downtown: $324,450
The least expensive local markets aren’t so cheap anymore, with only a handful still under the $200,000 level. Columbus remains *relatively* affordable in comparison to most areas.

Overall Market Median Sales Price in June: $300,627
Based on the 10 Columbus Metro Area counties. This price was slightly lower than in May.

Top 15 Locations with the Highest Median Sales Price % Growth Between June 2021 and June 2022
1. Obetz: +68.2%
2. New Albany Plain LSD: +59.0%
3. Circleville CSD: +45.1%
4. Granville LSD: +36.5%
5. Upper Arlington CSD: +36.0%
6. Hilliard: +31.1%
7. Johnstown-Monroe LSD: $28.0%
8. Delaware CSD: +27.0%
9. New Albany: +26.7%
10. Hamilton LSD: +26.5%
11. Teays Valley LSD: +25.9%
12. Groveport Madison LSD: +24.7%
13. Pickerington: +23.4%
14. Pataskala: +23.0%
15. Lithopolis: +19.3%
New Albany is clearly moving up the list of growers, as are other areas near the INtel site.

Top 15 Locations with the Lowest Median Sales Price % Growth Between June 2021 and June 2022
1. Minerva Park: -27.8%
2. Downtown: -27.1%
3. Bexley: -20.3%
4. Valleyview: -18.5%
5. Miami Trace LSD: -11.4%
6. Big Walnut LSD: -8.5%
7. German Village: -7.4%
8. Worthington CSD: -1.4%
9. Westerville: +0.0%
10. Dublin CSD: +2.2%
11. Westerville CSD: +2.7%
12. Worthington: +3.4%
13. Gahanna Jefferson CSD: +3.7%
14. Jonathan Alder LSD: +4.4%
15. Northridge LSD: +5.8%

Overall Market Median Sales Price % Change June 2022 vs. June 2021: +13.4%
Based on 53 metro market locations.

Top 10 Locations with the Most New Listings in June 2022
1. Columbus: 1,459
2. Columbus CSD: 971
3. South Western CSD: 244
4. Olentangy LSD: 238
5. Westerville CSD: 183
6. Hilliard CSD: 173
7. Dublin CSD: 156
8. Worthington CSD: 115
9. Pickerington LSD: 112
10. Grove City: 102

Top 10 Locations with the Fewest New Listings in June 2022
1. Valleyview: 3
2. Minerva Park: 5
3. Lithopolis: 8
4. Obetz: 8
5. Jefferson LSD: 10
6. Grandview Heights: 10
7. Northridge LSD: 12
8. Granville LSD: 12
9. Hamilton LSD: 14
10. Sunbury: 15
11. Bexley: 16
12. Miami Trace LSD: 17
13. Johnstown Monroe LSD: 19

Total New Listings in the Columbus Metro in June 2022: +3,705
Overall Metro New Listings % Change June 2022 vs June 2021: -3.8%
New listings fell for the 2nd consecutive month despite summer usually being the time when more people put their homes on the market.

Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in June 2022
1. Minerva Park: 3
2. Gahanna: 5
3. Powell: 5
4. Valleyview: 5
5. Worthington CSD: 5
6. Hilliard CSD: 6
7. Johnstown Monroe LSD: 6
8. Newark CSD: 6
9. Upper Arlington CSD: 6
10. Worthington: 6
11. Beechwold/Clintonville: 7
12. German Village: 7
13. Hilliard: 7
14. Lancaster CSD: 7
15. Marysville CSD: 7
16. Westerville: 7
17. Westerville CSD: 7
18. Delaware CSD: 8
19. Grove City: 8
20. Groveport Madison LSD: 8
21. Jefferson LSD: 8
22. Jonathan Alder LSD: 8
23. New Albany Plain: LSD: 8
24. Pickerington LSD: 8
25. Reynoldsburg CSD: 8
26. Blacklick: 9
27. Columbus: 9
28. Gahanna Jefferson CSD: 9
29. Lithopolis: 9
30. Olentangy LSD: 9
31. Pickerington: 9
32. Whitehall: 9
33. Canal Winchester CSD: 10
34. Grandview Heights: 10
35. New Albany: 10
36. South Western CSD: 10
37. Columbus CSD: 11
38. Dublin CSD: 11
39. Granville LSD: 11
40. London CSD: 11
41. Bexley: 13
42. Dublin: 13
43. Big Walnut LSD: 15
44. Short North: 15

The “Top 10” became the Top 44 just given that most of the local markets are selling so similarly quickly. There is relatively little spread between the fastest and slowest-selling markets.

Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in June 2022
1. Northridge LSD: 51
2. Downtown: 43
3. Teays Valley LSD: 30
4. Buckeye Valley LSD: 26
5. Circleville CSD: 25
6. Miami Trace LSD: 24
7. Sunbury: 23
8. Obetz: 22
9. Pataskala: 21
10. Hamilton LSD: 17

Top 10 Locations with the Greatest % Decline of # of Days on the Market Before Sale June 2022 vs. June 2021
1. German Village: -74.1%
2. Bexley: -69.0%
3. Grandview Heights: -58.3%
4. Upper Arlington CSD: -53.8%
5. Lancaster CSD: -50.0%
6. Grove City: -42.9%
7. Beechwold/Clintonville: -41.7%
8. New Albany: -37.5%
9. New Albany Plain LSD: -33.3%
10. Newark CSD: -33.3%
11. Worthington: -33.3%
12. Granville LSD: -31.3%

Top 10 Locations with the Lowest % Decline of # of Days on the Market Before Sale June 2022 vs. June 2021
1. Northridge LSD: +325.0%
2. Circleville CSD: +212.5%
3. Miami Trace LSD: +200.0%
4. Sunbury: +155.6%
5. Teays Valley LSD: +150.0%
6. Pickerington: +125.0%
7. Hamilton LSD: +112.5%
8. Pataskala: +110.0%
9. Canal Winchester CSD: +100.0%
10. Lithopolis: +80.0%

Total # of Days Homes Remain on the Market Before Sale Across the Metro Overall: 14.7
Overall Metro Days on Market % Change June 2022 vs June 2021: +4.3%
Homes spent slightly longer on the market in June vs. a year ago, again signaling that perhaps a slowdown is in the very early stages.